Donating appreciated securities is a wonderful way to support the Forest Preserves. It is the Foundation’s policy to sell the stock or security and put the proceeds immediately to work. Per the IRS, the Foundation establishes the value of the stock by calculating the mean average price on the date ownership is transferred.
Before making such a gift, please make sure to discuss your particular situation, including tax benefits, with your financial advisor.
How to Give Stock or Securities
Transfers can be made into the Preservation Foundation's brokerage account by using the following instructions:
Clearing Agent: First Clearing Corp/WFCS
DTC #: 0141
Account Name: Preservation Foundation of the Lake County Forest Preserves
Account Number: 1753-8625
When you make a transfer, please contact the Preservation Foundation to provide the donor’s name, name and type of securities, the number of shares being transferred, and the purpose for which the gift is to be used.
If you hold the stock certificate, please contact the Foundation for instructions.
If you have questions or to contact Erika Stergos, Preservation Foundation Executive Director, at estergos@LCFPD.org or 847-968-3129.